never say never..

来源: 2013-01-27 18:43:27 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

commercial RE never really went anywhere till interest rate drop below 9% during late 80 early 90s.

high leverage is double edge sword, great at small scale, but at some point need to re-balance to reduce long term risk.